Bridgestone Americas tire unit hikes prices up to 8% in the U.S.

Bridgestone Americas Tire Operations is hiking prices up to 8% in the United States across several of its divisions.
The Nashville-based tiremaker said the increases are on its Bridgestone, Firestone and associated brand passenger, light truck, medium truck, bus, agricultural and off-road tires.
“We continue to face a number of market pressures, including increased costs for energy, transportation and raw materials, resulting in the need for this price increase,” Eduardo Minardi, Bridgestone Americas Tire Operations chairman, CEO and president, said in a statement. “While we are always working to balance costs and deliver a premium package of value to our customers, we have reached a point where we must respond.”
(Rubber & Plastics News is a sister publication of Crain's Cleveland Business.)